The rise of the gig worker has shaken up the talent pool, with some far-reaching consequences — particularly as it relates to employment regulation. Earlier this year, the U.S. Department of Labor ruled that gig workers do not have to be classified as employees, and,...
Consumer advocates in Ohio were granted permission to start collecting signatures to get a constitutional amendment regarding payday loan reform on the ballot. According to Cleveland.com, the Ohio Ballot Board certified the “Short-Term Loan Consumer Protection Amendment” as a single ballot issue, giving Ohioans for...
Variable annuities (VAs), a widely criticized retirement savings product, is coming back thanks to President Donald Trump and his administration, which is gearing up to get rid of tough rules put in place by the Obama Administration. The Financial Times reported that VAs have faced many regulatory reforms...
In a brief filed on Friday (March 17) in a lawsuit against the Consumer Financial Protection Bureau (CFPB), the Justice Department declared that the agency’s structure is unconstitutional. In the lawsuit, it’s stated that the current structure of the consumer watchdog agency actually provides it...
September 11, 2019
Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. 11) about the importance of innovation and the regulation of non-banking financial institutions (NBFI), according to a release. “Innovation and regulatory reform are topics of much discussion in Washington these […]
May 30, 2018
Consumer advocates in Ohio were granted permission to start collecting signatures to get a constitutional amendment regarding payday loan reform on the ballot. According to Cleveland.com, the Ohio Ballot Board...
May 29, 2018
Variable annuities (VAs), a widely criticized retirement savings product, is coming back thanks to President Donald Trump and his administration, which is gearing up to get rid of tough rules put in...
March 20, 2017
In a brief filed on Friday (March 17) in a lawsuit against the Consumer Financial Protection Bureau (CFPB), the Justice Department declared that the agency’s structure is unconstitutional. In the...
